Shop Finance Review 2026Apply Now Check if I Qualify ↓
Written and analysed by Smarter Loans Editorial Team · Reviewed by Rafael Rositsan
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Three questions checked against Shop Finance's published criteria, per product. No application started.
The criteria are published in full, and Shop Finance says most businesses active past six months qualify.
An active bankruptcy on the business stops the application, and an unresolved tax judgment against the owner does the same.
Both floors are stated as firm. The company must also be incorporated or registered in Canada and run an active business bank account in its own name.
The applicant must hold at least 25 percent of the business and consent to a credit check at the evaluation stage. Submitting the application itself carries no obligation.
Term loans run from $25,000 to $500,000 over 3 to 60 months. The application also covers merchant cash advances, business lines of credit and equipment financing, with amounts up to $2,000,000 selectable.
In Quebec, in French and English.
Six months in operation, average monthly sales of $10,000, Canadian incorporation or registration, an active business bank account and no active bankruptcy. The applying owner must be a Canadian resident holding at least 25 percent of the company.
Within 48 business hours. An application takes about ten minutes, and a file is read by an analyst rather than scored automatically. Funds are sent by direct deposit to the business account the same day the agreement is e-signed.
Three to six recent business bank statements, government photo ID for the principal owner, and the business number, address and sector. Financial statements are requested only on larger amounts.
It works with lending partners and structures the offer to the business. It also arranges invoice factoring, commercial mortgages and R&D grant support through partners. The application, the decision and the advisor relationship all run through Shop Finance's Montreal-based bilingual team.
